3 Sticky Childhood Money Memories
We love celebrating and championing childhood money memories!
They’re a super-duper Sammyriffic way to shine a spotlight on the importance of early-age and family financial literacy. These memories also serve as a fantastic spark for meaningful conversations around money.
We invite you to share your own childhood money memories with your kids and grandkids. And if you'd like to have one or more of your memories featured in our ongoing series, we’d love to hear from you—just reach out!
Below, you’ll find a few highlights from the series, where personal finance professionals Patty Priddy, Sheryl Garrett, and Kaleb Paddock each shared three memorable childhood money moments, along with their Sammy Rabbit “Gold Karat” insights.
ALWAYS Save a Portion of Your Earnings!
Whether it is money earned from chores, your allowance, or your first job, ALWAYS save a portion of your earnings. It teaches good saving habits early that will carry on throughout your life.
—Patty Priddy
Some of my earliest memories about making my own money were when I was around seven or eight years old. If there was something that I wanted, I’d “negotiate” with my parents to obtain support and ideas or suggestions on ways to earn the money I needed to purchase the item or experience I wanted. As most young children, I had a very short-term goal… every time. I need to raise $27 to buy a skateboard! I did everything from washing windows, polishing shoes, giving backrubs, to selling Christmas cards to raise my $27. As I grew, so did the ambitions, and the corresponding finances needed. I’m so grateful that I started learning these lessons very young.
—Sheryl Garrett
I would teach the money habit of giving generously. The most fun you can have with money is blessing other people with it. If you can get in the habit of generous giving when you’re young, it’s likely the habit will never leave as you earn more throughout your life.
—Kaleb Paddock
Interesting Reads
Use Childhood Money Memories to Make It Easy to Talk To & Teach Kids About Money Great Money Habits
Which of These 10 Financial Literacy Statistics Staggers You the Most
2nd Grader Shares Money Does Not Buy Happiness
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